Same gentleman was predicting the Australian real estate bubble to pop back from around 2010, along with Steve Keen, Harry Dent, others. Shorted Australian banks in anticipation but his fund lost a lot of money on that one, I think.
Steve Keen, a Professor of Economics, lost a bet with a Macquarie Bank analyst and had to walk 200 km from Canberra to the top of Mt Kosciusko.
Not saying we are not in a bubble, clearly we are. It is just that tops of bubbles are notoriously difficult to pick
https://www.urban.com.au/expert-insights/investing/15180-us-analyst-jeremy-grantham-adjusts-australian-housing-price-bubble-predictions-so-watch-housing-construction-numbers-now
Ann: Half Yearly Report and Accounts, page-165
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Last
95.3¢ |
Change
0.018(1.87%) |
Mkt cap ! $492.7M | |||
| Open | High | Low | Value | Volume |
| 93.0¢ | 95.3¢ | 93.0¢ | $743.4K | 786.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 29533 | 95.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.5¢ | 75707 | 13 |
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| Last trade - 10.37am 15/11/2024 (20 minute delay) ? |
| TYR (ASX) Chart |